Markel’s event liability insurance provides coverage for damages for which you are responsible if there is an accident at your event that causes injury or property damage.

Event liability insurance provides the following primary coverage:

Bodily injury and property damage liability.

Additional insured? Never an additional charge. Many venues now require event liability insurance. Generally, the venue will be named as “additional insured” on the certificate of insurance.

Business and corporate event insurance

ACPG insurers also offers liability coverage for your business and corporate events*. Examples of some of the business events we cover include:

Business dinner

Business meeting

Corporate private party

Fundraiser dinner

Non-profit function

What is Public Liability insurance?

Covers your legal liability to third party as a result of an accident happening during the period of cover in connection with your business operations and occurring within the territorial scope.

Key coverage

Here is an overview of your coverage

Public Liability Insurance

Public Liability Insurance

You are covered for

All sums which you shall become legally liable to pay compensation in respect of

Bodily injury (including illness) to any person(s)

Loss of or damage to property

All cost and expenses of legal action

Recovered by any claimant against you

Incurred with our written consent

How much is my premium?

Your premium may vary, depending on

Indemnity limit

Any extensions to the basic cover

Our insurers underwriting requirements

Public Liability insurance is considered essential in businesses which involve regular interactions between the members of the public and the company such as retail businesses, restaurants, clinics and many more.

The Public Liability insurance covers your legal liability to a third (3rd) party as a result of an accident happening in connection with your business operations. The insurance indemnifies you against all sums which you become legally liable for damages and claimant’s costs and expenses in respect of:

Contact us early in the event organizing stage for your event. We will then work with you and advise you on insurance arrangements and also make suggestions regarding certain considerations that could reduce risk therefore lower your premium.

As event organizers, there are numerous things that could compromise or even cause the cancellation of the project you have injected so much time and energy into. These ‘occurrences’ could be anything from the venue you had booked being shut down to your key speaker being stuck at an airport in another city.

As an occupier of premises, you and your organization are responsible for the safety of those attending the event. Occupiers must protect patrons from all foreseeable harm.

Some instances where extra precautions should be considered:

Alcohol is served.

Children/minors are in attendance.

Dangerous/hazardous activities are undertaken such as fireworks, boating, and some sports.

Gambling is involved.

Large crowds are in attendance.

Applicable permits should always be obtained from your municipal/provincial government to reduce liability relating to violations involving permits. Health requirements should also be followed.

Contact your principal, building management or related state government department for more information regarding your responsibilities regarding special events.

The types of liability often covered for Special Events include:

General Liability

Automobile Liability and Physical Damage

Third Party Property Damage

Rented Equipment, Props, Sets and Wardrobe

Participants & Spectators Medical

Malaysia Liability Insurance

Liability insurance also known as Commercial insurance protects you in the event you are sued for claims that come within the coverage of your liability insurance policy.

Types of Liability Insurance:

PUBLIC LIABILITY INSURANCE

This type of insurance would cover a business if a customer or member of the public was to suffer a loss or injury as a result of its business activities, and if that person made a claim for compensation. The insurance would cover the compensation payment plus any legal expenses.

PRODUCT LIABILITY INSURANCE

Product liability insurance covers the cost of compensating anyone who is injured by a faulty product that your business designs, manufactures or supplies.

PROFESSIONAL INDEMNITY INSURANCE

This policy is a form of liability insurance that helps protect professional advice and service-providing individuals and companies from bearing the full cost of defending against a negligence claim made by a client, and damages awarded in such a civil lawsuit.

DIRECTORS AND OFFICERS LIABILITY INSURANCE

This policy is a liability insurance payable to the directors and officers of a company, or to the organization(s) itself, as indemnification (reimbursement) for losses or advancement of defense costs in the event an insured suffers such a loss as a result of a legal action brought for alleged wrongful acts in their capacity as directors and officers. Such coverage can extend to defense costs arising out of criminal and regulatory investigations/trials as well; in fact, often civil and criminal actions are brought against directors/officers simultaneously.

WORKMEN’S COMPENSATION INSURANCE

This policy cover the employer in respect of the statutory liability under the Workmen’s Compensation Law(s) as well as at Common Law to the employees who are generally not covered under SOCSO.

This policy indemnifies the employer against all sums for which the employer shall be liable to pay compensation to any employee for personal injury sustained by accidents or occupational diseases arising out of and in the course of this employment under the Acts.

FOREIGN WORKERS’ COMPENSATION SCHEME

Employers who are employing foreign workers must comply with the statutory requirement under Section 26(2) of the Amended Act 1996 of Workmen’s Compensation Act 1952 to purchase this insurance to protect their foreign workers

This policy indemnifies the employer under the Act in respect of compensation for employment injury as well as non-employment injury sustained by your foreign workers.

FOREIGN WORKERS HOSPITALIZATION AND SURGICAL INSURANCE SCHEME

The Foreign Workers Hospitalization and Surgical Insurance Scheme (FWHS) or better known as SKHPPA is specially designed in view of increasing Hospital and Surgical charges and to reduce financial burden of the Employers of foreign workers in the event of hospital admission of their foreign workers due to accident or illness. Coverage is required before work permit is issued by Immigration Department for both new and renewal applications.

EMPLOYERS’ LIABILITY INSURANCE

This policy covers the employer because the employer may be at risk of being sued by those employees who are not protected by Workmen’s Compensation Acts or SOCSO.

This policy indemnifies the employer against liability at law to pay compensation and cost and expenses to your employees in respect of accidental bodily injury or disease arising out of or in the course of employment. The standard Common Law limit is RM1,000,000 any one accident and in the aggregate.

Malaysia Public Liability insurance protects your business against the cost of settling or defending a claim for bodily injury or property damage from a client or member of the public. It’s designed to cover you for all the slips, trips and falls that sometimes simply can’t be avoided in the workplace or in a professional capacity.

What many people don’t realise is that, as a business owner they can be liable for all sorts of accidents both on their business premises and away from them. For example, if you were to damage a client’s property in their office a claim could be brought against you.

Likewise, if a member of the public or a client slipped on a wet floor at your business premises and injured themself, you could be held responsible.

Public liability insurance explained

Public liability insurance is designed to protect you against claims made by the public that they have suffered an injury or loss as a result of your business.

Even if you don’t have visitors to your office or home, you could still suffer a public liability claim, for example if you accidentally damage a client’s property in their office. In this scenario, public liability insurance would pay out the cost of compensation to be paid to the individual, as well as the legal fees and expenses involved.

Anyone working for you could also trigger a public liability claim against your business if their actions at work injure a client or member of the public.

Do I need any other kinds of business insurance?

To help protect your business, ACPG can provide small businesses with public liability insurance as a standalone policy or it can be purchased together with our range of business insurance products including ACPG Employers’ Liability Insurance.

How much does ACPG public liability insurance cover me for?

How much you’re covered for in terms of compensation pay-out will depend on the level of cover you choose, and you’ll be covered for up to RM100,000 for any legal feels spent in defending a claim.

If you have employees, employers’ liability insurance is a legal requirement and can be bought as a package with our public liability insurance.

Do I need public liability insurance?

If your business premises are visited by clients, or if your employees regularly work off-site, it may be worth considering public liability cover.

If you work from home, you may assume you don’t need a policy, but this isn’t necessarily the case.

Say, for example, you decide to take a marketing stand at your industry’s big trade show to get some publicity for your firm.

But during the show a bit falls off and injures a passer-by; an embarrassing episode could turn into a costly one if that person decides to sue.

Also, if you visit clients’ premises or have access to their equipment, then it’s worth considering buying public liability cover, because if you inadvertently damage their property you may have to pay the cost of repairing or replacing it.

It could be something as simple as knocking your cappuccino over your client’s new MacBook or one of your employees tripping over in a client’s server room. He brings a stack of expensive computer equipment down as he falls, which might seem like a classic ‘You’ve Been Framed’ moment at the time, but the RM1250 you’d earn from the trip (pardon the pun) wouldn’t begin to cover the cost of a new server, when your client sends you the bill.

What does public liability insurance cover?

A public liability policy covers you and your employees against property damage when working in a client’s home, office or business property.

Under the Injury Cost Recovery Scheme, the NHS is now allowed to reclaim the cost of transporting and treating a patient, in cases where personal injury compensation is paid out. So if your business activities injure a third party, public liability insurance will protect you from the cost of a possible NHS claim.

How much does public liability insurance cost?

How much you pay for cover depends on the size and type of your business, and the level of risk it undertakes. Discuss this with your insurer before you buy your policy in order to assess what level of cover provided is right for your business .

You may find clients expect you to have a minimum level of cover, according to your area or industry. This is often the case for businesses working with the public sector where the minimum requirement is usually between RM 5-10 million.

Is public liability insurance a legal requirement?

Choosing not to purchase public liability insurance will not land you with a jail sentence or a hefty fine.

But having the right insurance can make your business look more professional and offer you peace of mind.

You don’t want to get into a spat with one of your best clients over the consequences of an accident or damage to one of their properties.

Getting a public liability policy means you can let your insurer deal with any problems, while you get on with running your business.

Public Liability insurance is considered essential in businesses which involve regular interactions between the members of the public and the company such as retail businesses, restaurants, clinics, contractors, renovators, installers and many more.

The Public Liability insurance covers your legal liability to a third (3rd) party as a result of an accident happening in connection with your business operations.

The insurance indemnifies you against all sums which you become legally liable for damages and claimant’s costs and expenses in respect of:

Bodily injuries including illnesses to any person.

Losses or damages to property.

Legal expenses incurred in your legal proceeding defence.

Public Liability insurance protects our policyholders against legal liabilities arising in connection with their business operations.

Manufacturers, product designers, wholesalers, distributors, retailers and anyone else involved in the product design, manufacture or supply chain has a responsibility in ensuring that the products concerned does not cause harm.

If the product does cause harm, the victim has a right to enforce his legal rights in a court of law.

Product Liability Insurance is designed to indemnify the manufacturer or supplier of the ‘defective’ product against losses resulting in bodily injury or property damage arising from the use of the ‘defective’ product. It also pays for the litigation costs and expenses incurred in the defence of a suit provided prior written consent of the Insurance Company is first obtained.

Generally, product liability claims arise from the following three core causes :

Design Defect

Manufacturing Defect

Marketing Misrepresentation

Scope of Cover

Product Liability Insurance is commonly written in a ‘Claims-Made Basis’ form.

It is a liability policy, which will indemnify the Insured against all losses arising from the consumption or use of the product giving rise to the following:

accidental bodily injury

accidental damage to property

any legal expenses incurred by the Insured in defending legal proceedings with the Company’s written consent.

Product Liability cases have greatly increased over the recent years, especially in more litigious parts of the world like the USA, Canada, Australia and Europe. Whether you’re a manufacturer, a vendor, a supplier or an exporter, you are exposed to the risk of product liability claims. In fact, any point in the chain of commerce is exposed to this risk. Here are some reasons why you need Product Liability insurance.

Defects in the design, manufacture, packaging or labelling of the product can result in injury to the user or damage to his or her property. Other factors causing or contributing to the defect can also surface in the process of storage, transporting and handling of the product. Any one of these causes can be a valid reason for the consumer to file a liability claim against the exporter.

The damage or injury may not even be caused by a defect in the product and yet the consumer may still file a claim against the exporter seeking payment for damages for alleged or imagined defects.

From the mere fact that the product is available for use or consumption by the public a possibility for product liability claim exists, perhaps from a dissatisfied customer.

You might believe your products are flawless. In some jurisdictions, even the deliberate misuse of a product can be a basis for liability claims regardless whether or not the product was used properly and for its intended purpose.

Product Liability insurance indemnifies the insured for sums which you become legally liable to pay as damages for bodily injury or property damage to third party arising out of the defective products. In addition, the policy will indemnify you for defence costs and expenses incurred in respect of a claim to which the policy applies. The limit of indemnity is inclusive of defence cost and expenses incurred in respect of a claim to which the policy applies.